Wealth Forward LLC Has $20.49 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wealth Forward LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 116,933 shares of the company’s stock after selling 1,448 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 14.5% of Wealth Forward LLC’s investment portfolio, making the stock its largest holding. Wealth Forward LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,490,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. SJS Investment Consulting Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the period. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. GHP Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. Finally, Truvestments Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

Shares of NYSEARCA:RSP opened at $182.31 on Tuesday. The company has a 50 day moving average of $180.39 and a 200 day moving average of $176.74. The stock has a market cap of $61.06 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $155.79 and a 12 month high of $188.16.

Invesco S&P 500 Equal Weight ETF Company Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).